Comparative characteristic of conventional and renewable energy sources in terms of economic efficiency and their environmental damage

  • Angelina D. Matyushenko Belarusian State University, 4 Niezaliezhnasci Avenue, Minsk 220030, Belarus
  • Tatsiana G. Zoryna Belarusian State University, 4 Niezaliezhnasci Avenue, Minsk 220030, Belarus; Institute of Power Engineering, National Academy of Sciences of Belarus, 15 Akademichnaja Street, 2 building, Minsk 220072, Belarus

Abstract

In the context of globalisation and increased consumer awareness of environmental issues, the introduction of clean and sustainable installations is an important factor in reducing the negative impact of human activity on the environment. A turning point in this interest in a clean planet is the use of renewable energy sources and their growing share in total electricity consumption. However, it is worth determining the feasibility of using green installations in relation to conventional ones, which can be more environmentally damaging. The purpose of this article is to compare non-renewable and renewable energy sources in terms of economic efficiency and environmental damage.

Author Biographies

Angelina D. Matyushenko, Belarusian State University, 4 Niezaliezhnasci Avenue, Minsk 220030, Belarus

lecturer at the department of analytical economics and econometrics, faculty of economics

Tatsiana G. Zoryna, Belarusian State University, 4 Niezaliezhnasci Avenue, Minsk 220030, Belarus; Institute of Power Engineering, National Academy of Sciences of Belarus, 15 Akademichnaja Street, 2 building, Minsk 220072, Belarus

doctor of science (economics), full professor; professor at the department of economy security, faculty of economics, Belarusian State University, and head of the department of energy economy, Institute of Power Engineering, National Academy of Sciences of Belarus
 

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Published
2023-12-05
Keywords: energy, conventional energy sources, renewable energy sources, economic efficiency, environmental damage
How to Cite
Matyushenko, A. D., & Zoryna, T. G. (2023). Comparative characteristic of conventional and renewable energy sources in terms of economic efficiency and their environmental damage. Journal of the Belarusian State University. Economics, 2, 92-99. Retrieved from https://journals.bsu.by/index.php/economy/article/view/5575
Issue
No 2 (2023): Journal of the Belarusian State University. Economics
Section
Q. Agricultural and Natural Resource Economics • Environmental and Ecological Ec

Copyright (c) 2023 Journal of the Belarusian State University. Economics

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